EU-Switzerland relations under pressure
A political dispute between the European Union and Switzerland threatens to disrupt their economic relations. On June 24, the Swiss government said it was ready to ban EU stock exchanges […]
Switzerland
Swiss stock exchange, waiting for the agreement with EU
The delicate state of Brexit negotiations has hardened the European Union’s stance toward Switzerland, another country that’s struggling to redefine its relationship with the world’s largest trading bloc. Without progress […]
When SNB will move to swiss franc token
Switzerland’s national bank should work with large industry players to develop a Swiss franc token, according to a report by the Avenir Suisse think tank on June 4. Avenir Suisse […]
UBS is poised to settle tax case for $110 million
UBS is close to settling a tax evasion case with Italy for about 100 million euros ($110 million), according to people familiar with the matter. The agreement may come within […]
Safety of the “Defensive” Swiss Market (SMI) Index
The SMI may stall in the short term near 9750, where goes the resistance trendline joining 9537 in 2015 and 9616 in 2018. But the wide rising ascending triangle built […]
UBS: very challenging quarter
UBS posted a drop in first-quarter pre-tax profit on Thursday amid “challenging” market conditions. Reported pre-tax profit at the bank declined by 26% from the same period a year ago […]
Credit Suisse gets a good Q1
Credit Suisse produced another rise in net profit for the first quarter of 2019, its first reporting period following the completion of its three-year restructuring plan. The bank reported a […]
Swiss love cash
Last month, the Swiss unveiled a smart new banknote to stash in their wallets. The purple 1,000 franc bill was the latest in the Swiss National Bank (SNB) series to […]